Thursday, December 17, 2009

Jimmy @ Times Square, Causeway Bay

The characters of Taiwanese illustrator Jimmy Liao become three-dimensional at Times Square, the shopping mall that houses Lane Crawford and City Super. The characters of A Chance of Sunshine (Turn Left, Turn Right in the movie adaptation) are also here!

The US govt has thrown so much money at the financial problems that it has temporarily stabilized the economy. But this comes with a lot of consequences, and the current expansion of the money supply is not sustainable because it will kill the value of the dollar and create a big inflation problem in a few years. That is why I feel gold is one of the best asset classes to invest in currently given its safe haven status and that it is denominated in dollars. This article is a further discussion on these issues Canada Gold Investing 101, which analyzes the relationship between the dollar, the gold price, and gold mining companies as a result of the Federal Reserve's easy monetary policies. I thought it was especially helpful for investors to read to get a better sense of the dynamics between the various sectors of the financial markets to improve their investment knowledge.